Both views are from the Balmoral Hotel towards the Scott Monument, named after Sir Walter Scott. Sadly, the incredible plaza and gardens over the train station no longer have the same elegant design. The old view shows an existing tram system, which was decommissioned in 1956. Decades later, it was decided that maybe Edinburgh needed a new tram system. The recent photo shows the new tramline construction on the right, a project that has been underway since 2008 and angered citizens for a number of years with cost over runs and traffic delays.
Here's a view from the Scott monument toward the Balmoral Hotel.
And the approximate view today.
Edinburgh is such a beautiful city, with amazing green space so close to the city center. It's definitely a place I would like to visit again. Here's a link to the previous post on theses Edinburgh views and the tram system. And here's a link to information on history and progress of the tram system.
Here's a street sign in Edinburgh.